Let’s take a look at four decentralized exchanges on the Internet Computer blockchain ecosystem.
4 DEXs in the ICP ecosystem
Internet Computer is here to make its own revolution in the blockchain revolution. Using sophisticated on-chain storage techniques and concepts like Moon Math, internet computers can scale the entire world. Web3 With faster, more efficient innovation.
Internet Computer has grown slowly since it was started in 2016 to continue the research of the World Computer Organization. The project, backed by the DFINITY Foundation and the Internet Computer Association, is the largest research and development project in the blockchain industry. DFINITY alone is responsible for 1,564 publications, 86,347 scholarly citations, and 191 patents.
With major chainkey transaction innovations finally starting to implement, internet computers can basically become layer 2 solutions for native coins like Bitcoin and Ethereum. With the integration of Bitcoin coming to fruition and the eventual emergence of coins such as Ethereum and BNB, Decentralized Finance (DeFi) Interoperability and scalability make computers have greater potential than Ethereum and Bitcoin.
Here we look at four Decentralized Exchange (DEX) Something that is already running on your Internet computer.
ICPSwap is a DeFi platform that provides full-stack financial, market, and DAO services. Built using DFINITY’s Internet Computer blockchain technology, ICPSwap establishes a truly decentralized financial ecosystem by refactoring the way users and developers build projects together.
The ICLighthouse team was founded in September 2020 and includes members of investment banks and Ether ecosystem developers. Core members have previously developed a derivatives trading protocol on Ethereum. Using ICLighthouse, the team developed a suite of products on Internet computer systems, including his DEX, DeFi wallet, blockchain explorer, and more. ICDex is IC Network’s decentralized order book trading protocol supporting DRC20, DIP20, ICRC1 and native ICP.
InfinitySwap is an innovative cross-chain DeFi infrastructure creator, connecting Bitcoin and EVM-based chains on Internet computer blockchains. InfinitySwap was created by Finity Technologies, the world’s leading blockchain infrastructure company. The team at Finity is working on the development of new DeFi cross-chain primitives, full-scale research and development of cross-chain wallets, bitcoin for exchanges and automated market makers built on internet computers and his It supports both EVM-based chains.
Sonic is an open DeFi suite open internet service built on the Internet Computer blockchain that provides AMM without gas fees through IC’s reverse gas model. Sonic consists of a suite of his DeFi protocols that allow users to issue their own tokens, trade tokens and earn rewards for providing liquidity. Sonic brings users a permissionless swap where they deposit their tokens and the required tokens are automatically returned.